PHN has selected the general contractor for the housing estate on Kolejowa Street in Warsaw

Friday, June 3, 2022 - 12:26

The PHN Group has signed an agreement with UNIBEP for the construction of a housing estate in Warsaw at ul. Kolejowa 19, which will include 148 apartments. Sales of the apartments will begin later this June. The construction is expected to be completed late next year.

The project assumes the construction of four buildings with a total usable area of 72,000 sq.m., which will house 148 apartments with a service part and an underground garage. The buildings have been designed with the most demanding clients in mind, and the unconventional architecture of the estate refers to the tradition of modernism. There will be a predominance of two- and three-room units, and all apartments will have balconies, terraces or loggias.  The advantage of the estate will be carefully planned common areas, and there will also be places for bicycles.

“Yesterday we announced the launch of our first residential investment in Wrocław, and today we have signed another agreement for the construction of a housing estate at Kolejowa Street in Warsaw. These two projects will deliver 320 apartments in 2023, strengthening our position in the residential sector. In our new Warsaw housing estate, we will once again cooperate with UNIBEP, with which we have recently built the Olimpijczyk housing estate in Łódź,” said Marcin Mazurek, President of the Management Board of Polski Holding Nieruchomości S.A.

PHN Group’s new investment is perfectly located in the city center in Warsaw’s fast-developing Wola district, and thanks to the proximity of the metro, railway stations, bus and tram lines, it is well connected to the rest of the city. Within walking distance, there are medical care facilities, schools, shopping malls, as well as numerous restaurants, museums and the new business center at Rondo Daszyńskiego.

“Our new development is located in an attractive, fast-growing district of Warsaw, where everything is close by. It is part of the changes taking place in this part of the city that are transforming the face of the former industrial areas. The advantage of this housing estate is not only its excellent location, but also the high class architecture and materials that will be used to finish the apartments and common areas,” added Marcin Mazurek.

“Another project with Polski Holding Nieruchomości only confirms that there can be and is good cooperation between the investor and the contractor. With every project, together we look for the best solutions that will be most beneficial for the end customer. It is fantastic that we will be able to work with PHN again,” said Leszek Gołąbiecki, President of the Management Board of Unibep S.A.

The construction site is expected to be handed over in June this year, and the construction is planned to be completed within 19 months.

 

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Polski Holding Nieruchomości Group

Polski Holding Nieruchomości (PHN) is one of the largest groups in the Polish commercial property sector in terms of the market value of its portfolio. The Group’s portfolio comprises over 156 real estate assets with a market value of approx. PLN 3.5 billion. PHN’s operations are concentrated in Warsaw and Poland’s major regional cities, including Poznań, Łódź, Katowice, Cracow, Wrocław, and the Tri-City area. The company has many years’ expertise in the following sectors: office, commerce and logistics, in both real estate management and investment project implementation. PHN has been listed on the Warsaw Stock Exchange since February 13, 2013.

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Contact:

 

Polski Holding Nieruchomości S.A.

Magdalena Kacprzak, Head of the Marketing, Strategy, Investor Relations and PR Office

Mob. +48 721 000 071; Phone: +48 22 850 91 34; E-mail: magdalena.kacprzak@phnsa.pl